Adani Group completes full takeover of IANS news agency

Key Highlights

• The group in December 2023 acquired a majority 50.50 per cent stake in IANS (Indo-Asian News Service), making the newswire agency a subsidiary of the Adani media arm.
• In January 2024, AMG Media Networks (AMNL) increased its ownership of IANS shares with voting rights to 76 per cent, and nearly all non-voting shares, up from 50.5 per cent each earlier.
• “AMNL has now executed a Share Purchase Agreement on January 21, 2026, to acquire the balance stake in IANS.
• Upon completion of the proposed transaction, IANS shall become a wholly-owned step-down subsidiary of the company,” Adani Enterprises Ltd said in the filing.
• Prior to this, AMNL held 76 per cent of Category-1 shares of IANS and 99.26 per cent of Category-II shares.